B2Gold Corp (NYSEAMERICAN:BTG – Get Free Report) (TSE:BTO) has received a consensus recommendation of “Buy” from the seven brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $6.50.
Several equities analysts have recently issued reports on BTG shares. Raymond James Financial boosted their price objective on B2Gold from $7.25 to $7.50 and gave the company an “outperform” rating in a report on Friday, September 4th. Scotiabank upgraded B2Gold from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, August 10th. TD Securities raised B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Royal Bank Of Canada lowered their price objective on B2Gold from $5.75 to $5.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 9th. Finally, ATB Cormark Capital Markets raised shares of B2Gold from a “hold” rating to a “moderate buy” rating in a research note on Monday, August 10th.
Check Out Our Latest Analysis on BTG
Institutional Trading of B2Gold
B2Gold Trading Up 0.4%
Shares of B2Gold stock opened at $5.38 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 0.58. The firm has a fifty day moving average price of $4.66 and a 200 day moving average price of $4.68. B2Gold has a 1 year low of $3.57 and a 1 year high of $6.28. The stock has a market cap of $7.10 billion, a PE ratio of 9.78, a price-to-earnings-growth ratio of 0.37 and a beta of 0.73.
B2Gold (NYSEAMERICAN:BTG – Get Free Report) (TSE:BTO) last posted its earnings results on Thursday, August 6th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The business had revenue of $789.35 million for the quarter, compared to analyst estimates of $836.33 million. B2Gold had a net margin of 21.47% and a return on equity of 17.05%. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 earnings per share. Equities research analysts predict that B2Gold will post 0.49 earnings per share for the current year.
About B2Gold
B2Gold Corp. is a Canadian-based gold producer engaged in the exploration, development, and operation of gold mines. The company produces gold doré and sells its output to refiners and other customers. Its portfolio includes the Fekola complex in Mali, the Masbate mine in the Philippines, and the Otjikoto mine in Namibia.
Founded in 2007 by former executives of Bema Gold Corporation, B2Gold has grown from an exploration and development company into an international gold producer. In addition to operating mines, the company conducts exploration and evaluates development opportunities intended to expand and sustain its production base.
B2Gold is headquartered in Vancouver, British Columbia, and has operations and projects across Africa, Asia, and other regions.
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